Agriculture News
Corn, soybean and wheat futures open the week working higher. Cattle futures are higher with lean hogs choppy to start the week...
The jump in the Purdue University/CME Group Ag Economy Barometer was driven by the Future Expectations Index, which increased 37 points to 161, the highest reading since April 2021.
Corn, soybeans and wheat firmed amid corrective buying during the overnight session.
Corn inspections during the week ended Nov. 28 led the decline, though were within trade expectations, along with soybean and wheat inspections.
Grains open the week under pressure, while livestock markets are firmer.
Short-term trend turns bullish for live cattle futures.
Corn, soybeans and wheat mildly favored the downside during a relatively quiet overnight session to open the week.
No grain trade overnight. Grain and livestock futures resume trade at 8:30 a.m. CT for an abbreviated session.
Soybean basis dropped and remained weaker than average.
Corn, soybeans and wheat held in relatively tight trading ranges during a quite overnight session.